]]>THREE million Brits each year fall for rip-offs like bogus sweepstakes asking for money to release non-existent “winnings”. But the watchdog estimates only five per cent of victims report their loss due to embarrassment at being stung.

Assuming that the figure is correct, and an equivalent of 5 percent of the money was lost, the actual amount could be as much as £70 Billion lost to internet scams in a year. That is more than enough to buy a country (not just an island). One of the victim, Jessica Looke died aged 83 last year after losing £50,000 to
mailing scams. Her daughter managed to find 30,000 letters from scammers in her mum’s
home after her death.